ADAPTI AS: årsregnskap 2017 vs 2016
Grew 487% on revenue, stronger earnings
approved 2018-06-13; registry 2018-07-09; journal 2018 643774
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADAPTI AS. Revenue 7.23m NOK → 42.43m NOK (+486.9%). Net result -498.6k NOK → -57.8k NOK. Equity 258.8k NOK → 201.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADAPTI AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 7.23m NOK to 42.43m NOK (+486.9% YoY). Calculated
-
↑
Operating result improved
Operating result -679.5k NOK → -93.6k NOK (op. margin -9.4% → -0.2%). Calculated
-
↑
Net result improved
Net result -498.6k NOK → -57.8k NOK (net margin -6.9% → -0.1%). Calculated
-
↑
Cash rose
Bank deposits 364.4k NOK → 610.5k NOK (+67.5% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 258.8k NOK → 201.0k NOK (equity ratio 7.2% → 8.1%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.75m NOK → 2.64m NOK (24% → 6% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 5.32m NOK → 8.79m NOK (+65.4% YoY). Calculated